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Mining tax reprise merely underlines reform failure Kevin Rudd’s call to revive a mining tax that punishes risk takers is a reminder that neither side of politics has much idea about how to improve Australia’s unsustainable tax system. Apr 22, 2021 – 7.22pm Save Share Who would have thought that another iron ore price boom would help lift Australia out of the economic gloom of a pandemic? Nobody back in 2015, when iron ore was less than $US40 a tonne. But should the tax system be structured around such intermittent booms? Former prime minister Kevin Rudd has called for a new version of the mineral resources rent tax that he imposed on the previous great iron ore boom in 2010. Perhaps still bitter over the subsequent resource industry advertising campaign that helped bring him down, he now says record iron ore profits are “a giant rip-off of the Australian people”, driven by the “unbelievable greed” of mining companies.

Rio tintoWestern australiaKen henryWayne swanJim chalmersTeam australiaரியோ டின்டோமேற்கு ஆஸ்திரேலியாகேன் ஹென்றிவேன் அன்னம்ஜிம் சால்மர்ஸ்அணி ஆஸ்திரேலியா